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Three individuals face charges for unauthorised sale-and-rent-back schemes
The FCA has started criminal proceedings against 3 people for carrying out regulated activity without authorisation. -
FCA introduces tough new rules for marketing cryptoassets
All crypto firms marketing to UK consumers will need to meet new, tougher advertising standards. -
FCA fines ED&F Man Capital Markets Ltd £17.2m for serious failings which enabled millions in illegitimate tax reclaims
The FCA has fined ED&F Man Capital Markets Ltd (‘MCM’) £17,219,300 for serious failings in its oversight of cum-ex trading. These failings allowed MCM to collect fees for trading strategies designed to enable its clients to illegitimately -
Financial watchdog bans referral fees for debt packagers to help struggling consumers
The FCA is banning certain providers of debt advice from receiving referral fees from debt solution providers. -
Lenders to pay out up to £47m in redress to borrowers in difficulty
We are consulting on proposals to incorporate the temporary coronavirus tailored support guidance (TSG) for credit and mortgages into the Handbook on a permanent basis. -
FCA finds young investors are more likely to have long-term goals in mind when dating than when investing
Our latest InvestSmart campaign encourages young investors to adopt the same principles to investing as they do to their dating lives. -
Two brothers convicted for taking £750,000 out of failed investment firm
Collateral offered peer-to-peer style investments on a website fraudulently claiming it was FCA-authorised. -
FCA and PSR Boards appoint new members to decision-making committees
The FCA and PSR Boards have appointed two new Deputy Chairs - Margaret Obi and Edward Sparrow - to the FCA’s Regulatory Decisions Committee (RDC) and the PSR’s Enforcement Decisions Committee (EDC). -
FCA secures £130,000 to return to investors
The FCA has secured two orders to return over £130,000 to victims of unauthorised investment arrangements and advice. -
Help is available for those who need it, says FCA
The FCA reminds borrowers they can get help from their lenders if they are struggling to keep up with payments, as it found the number of people struggling to meet bills and credit repayments has risen by 3.1m since May 2022 (10.9m, compared to 7.8m